Cryptocurrencies and Anti Money Laundering Practices

Shasat has developed this exclusive Crypto Currencies and Anti Money Laundering Practices program. This is an in-depth 90 Minutes long training course for professionals at all levels in finance, fintech, legal, trade, real estate, gambling, and the professional services sector.

It provides up-to-date and the most relevant knowledge of Anti Money Laundering (“AML”) / Combatting the Financing of Terrorism (“CFT”), regulatory framework, challenges and lessons learned from recent scandals (such as the recent cryptocurrency platform FTX's failure..), other forms of digital assets, risk indicators, new regulations, recent FTF sanction list, and best practices. (Online – 90 Minutes)

With the rise of disruptive technologies and increased global use of digital currencies, criminals have developed new money laundering methods that allow them to use digital assets to conduct transactions quickly and anonymously. This course would provide a lot of risk indicators to examine how an organization can create an effective AML/CFT culture.

Regardless of the size of an entity, a sound AML program must have a good governance structure framework and a knowledgeable team. This short course has been created to fit your busy lives.

Key Learning Features:

• What are digital assets and digital currencies
• Case Study: Cryptocurrency exchange FTX
• Risk indicators and assessment
• Vulnerabilities of financial institutions from money laundering and terrorist financing
• Global legislation around AML sanctions and guidance
• Legislative developments and challenges for the financial institutions
• Impact on the Financial Fintech Insurance Trading and gambling industries
• Initial and ‘Ongoing’ Customer Due Diligence (CDD)
• Latest AML scandals failures and lessons learnt
• Examine complex global sanctions
• Management obligations and the risk-based approach
• Practical exercises ideas and management solutions

Who should attend?

The program has been designed for all business executives professionals chief compliance officers and professionals responsible for one or more aspects of compliance internal audit legal fraud prevention special investigations cybersecurity privacy ethics risk management anti-money laundering financial abuse operations and information technology.